Bankruptcy Act · 2009 Revised Edition · Part X · Bankruptcy Offences
145. Making of false claims, etc.
Feedback & supportAny creditor in any bankruptcy, composition or arrangement with creditors shall be guilty of an offence if he makes any claim, proof, declaration or statement of account which is untrue in any material particular unless he satisfies the court that he had no intent to defraud.
creditor
“creditor”, in relation to a debtor proposing a voluntary arrangement under Part V, means a creditor to whom the debtor owes a debt provable in bankruptcy;
A creditor shall be guilty of an offence if he obtains or receives any money, property or security from any person as an inducement for forbearing to oppose, or for consenting to, the discharge of a bankrupt.
property
“property” includes money, goods, things in action, land and every description of property wherever situated and also obligations and every description of interest, whether present or future or vested or contingent, arising out of or incidental to, property;
A person shall be guilty of an offence if he, knowing that a bankruptcy order has been made against a debtor, removes, conceals, receives or otherwise deals with or disposes of any part of the property of the debtor, with intent to defeat the order.
Fines imposed and levied under this section shall be deemed to be part of the property of the bankrupt and shall vest in the Official Assignee.
bankrupt
“bankrupt” means —(a)the individual debtor who has been adjudged bankrupt by a bankruptcy order; or(b)where a bankruptcy order has been made against a firm, each of the partners in the firm;